🚨SUMMARY OF FOMC MINUTES: 🇺🇸 Fed raised interest rates by 0.25% to 3.75%–4% in September. All 12 FOMC members supported the hike. 🔥 Inflation is still too high, at around 3.8%, well above the Fed’s 2% target. 📈 The Fed said AI investment and higher energy prices are adding to inflation pressures. 💼 The job market remains strong, with unemployment around 4.1%. 📊 The U.S. economy is growing at a solid pace, helped by consumer spending and strong AI-related investment. 🏦 Most Fed officials expect another rate hike by year-end, but they will depend on incoming economic data. ⚠️ The Fed sees inflation risks tilted upward, meaning inflation could stay high for longer.